I'm looking for a pullback to 885 before entering long....

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I assume if the triangle at 960 or thereabouts breaks this thing is gonna fly?

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Wheres your stop, mine has just been hit

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I'm in at 882, stop 10 pips away to allow for wiggle factor

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At PP, this could be where it heads back down, watch PA and for close below 881

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I agree 100%. If you look at your chart there are 3 consecutive higher peaks, this to me shows an uptrend (in the timeframe that I am trading) Hence my target for now of the top line of that triangle.

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Its a standard retrace before a continuation of a trend is it not?

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Am I the only one long here? Hourly chart shows clear uptrend. We have retraced 61% of the move from 719 to 967. Target around 955 ish for now. KISS...

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I assume its quite important we use the right numbers. I wuld guess that the most reliable numbers are the ones that the 'big players' use? So am I best to use GMT or GMT +2 ??

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I work on GMT hours do you? Which candles were the high/low on your feed please so that I can check mine.

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I have H 2741, L 2602 C 2705 - whats wring with my figures?

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Thanks I also have a 38% fib from 2nd Dec high to low at 2688. And also the 61% fib of yesterdays high/low - this is major confluence and hence a strong res level. Good place to short ? I am trying to learn please help

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Am i right in thinking the daily pivot is at 2683?

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I agree with the trend being down, I entered prematurely at 600 yesterday and still holding (although I have been sweating a bit today!)

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Thats a great entry, do you not see 675 as your first target (R1), or are you confident that wont hold for long??

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Ok well we didnt quite get to 777 but we got close. E/U is now falling away. I don't want to see another push up cos if we do I think we're going through it and up up and away! Target now is 678, if that breaks then we are going much lower to test ...

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678 next support, we need this to break quickly for confidence in these shorts.

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So how come my MT4 platform is so far off? This worries me because I use MT4 for my charting and hence draw fibs based on the levels they show.

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756 is the 50% retrace from 20th Nov to 25th Nov (2427-3084) I really cannot see that level being breached. Careful all you longs

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Yep i'm using MT4 from moneyrain - current candle low 701 high 750 (just checked my Oanda platform and that shows 741?)

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